🇦🇪UAE Legal News

Albaddad Bets Big on Botswana With $1.9 Billion Smart City Vision

Albaddad Bets Big on Botswana With $1.9 Billion Smart City Vision

UAE-based Albaddad Holding has unveiled an ambitious $1.9 billion mixed-use development in Botswana, setting the stage for one of Southern Africa’s largest urban and business projects. Named **New Botswana City**, the sprawling development will rise in Gaborone and is being delivered in partnership with Botswana Development Corporation (BDC), the country’s state-backed investment agency. Designed as …

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Tristar Locks In $770 Million Refinancing Deal, Eyes Additional Islamic Finance Option

Tristar Locks In $770 Million Refinancing Deal, Eyes Additional Islamic Finance Option

Dubai-based logistics and transportation specialist Tristar Group has secured a $770 million credit facility from a consortium of regional and international lenders, marking a significant refinancing move for the company as it reshapes its debt profile. The agreement, backed by a five-year term, includes two extension options that could provide additional flexibility over the life …

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Dubai’s Homeownership Push Crosses AED5 Billion Mark as Buyer Scheme Gains Momentum

Dubai’s Homeownership Push Crosses AED5 Billion Mark as Buyer Scheme Gains Momentum

Dubai’s drive to turn more residents into homeowners is gathering pace, with the emirate’s First-Time Home Buyer Programme helping more than 3,200 people purchase their first homes and generating over AED5 billion ($1.4 billion) in residential property transactions since its launch in July 2025. Introduced by the Dubai Land Department (DLD) in collaboration with the …

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Arab Energy Fund Eyes Fresh $500 Million Sukuk After Tapping Investor Interest

Arab Energy Fund Eyes Fresh $500 Million Sukuk After Tapping Investor Interest

The Arab Energy Fund (TAEF) is preparing to return to international debt markets, lining up a syndicate of global and regional banks to engage fixed-income investors ahead of a potential $500 million sukuk offering. Investor discussions are scheduled to begin on June 9, with the fund considering the launch of a benchmark-sized U.S. dollar-denominated senior …

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Sharjah Property Market Extends Momentum With AED3.1 Billion in May Deals

Sharjah Property Market Extends Momentum With AED3.1 Billion in May Deals

Sharjah’s real estate sector maintained its strong pace in May, recording property transactions worth AED3.1 billion ($844 million) across 7,119 deals, highlighting sustained demand from investors and end-users across the emirate. According to figures released by the Sharjah Real Estate Registration Department, sales transactions covered approximately 9.5 million square feet during the month, reflecting broad-based …

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Egypt’s Bond Market Hits New High as EFG Corp-Solutions Closes Record EGP 5.1 Billion Deal

Egypt’s Bond Market Hits New High as EFG Corp-Solutions Closes Record EGP 5.1 Billion Deal

Egypt’s corporate debt market has reached a new milestone after EFG Corp-Solutions, the leasing and factoring subsidiary of EFG Finance, completed a record-breaking bond issuance worth EGP 5.1 billion (approximately $106 million). The transaction stands as the largest corporate bond offering ever recorded in Egypt, underscoring growing investor appetite for local debt instruments and strengthening …

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FAB Backs Global Water Access Push Through Landmark Impact Investment

FAB Backs Global Water Access Push Through Landmark Impact Investment

First Abu Dhabi Bank (FAB) has expanded its sustainability agenda beyond traditional finance, forging a strategic alliance with Water.org and impact investment manager WaterEquity in a move aimed at widening access to clean water and sanitation in emerging economies. Announced ahead of World Environment Day, the partnership includes FAB’s investment in the WaterEquity Everspring Fund, …

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Saudi-Russian Energy Alliance Holds Firm as Global Oil Market Navigates Unprecedented Turbulence

Saudi-Russian Energy Alliance Holds Firm as Global Oil Market Navigates Unprecedented Turbulence

Saudi Arabia and Russia projected a message of unity at the St. Petersburg International Economic Forum as mounting geopolitical conflicts continue to reshape the global energy landscape and tighten oil supplies. Saudi Energy Minister Prince Abdulaziz bin Salman stressed the need for stability across energy markets, arguing that the world cannot afford disruptions at a …

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Blast Near Key Omani Export Terminal Halts Crude Loading, Tankers Left Waiting Offshore

Blast Near Key Omani Export Terminal Halts Crude Loading, Tankers Left Waiting Offshore

Oman has temporarily suspended crude oil loading operations at the Mina al Fahal export terminal after an explosion was reported near the facility’s offshore mooring infrastructure, according to sources familiar with the situation. The incident reportedly occurred between the terminal’s two single-buoy mooring (SBM) berths, with sources indicating that the blast may have been linked …

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UAE Draws Capital as Investors Tighten Scrutiny on Deals and Asset Quality

UAE Draws Capital as Investors Tighten Scrutiny on Deals and Asset Quality

The UAE continues to reinforce its reputation as a preferred destination for investment, with capital inflows remaining resilient despite heightened geopolitical and economic uncertainty across the wider region. According to Archers Valuation & Advisory, investors have not retreated from the market. Instead, they are adopting a more measured and disciplined approach when assessing opportunities, particularly …

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